Teacher Tax Credit Act of 2005

        [Congressional Bills 109th Congress]
[From the U.S. Government Publishing Office]
[H.R. 986 Introduced in House (IH)]

109th CONGRESS
1st Session
H. R. 986

To amend the Internal Revenue Code of 1986 to provide a tax credit for
teachers and principals who work in certain low income schools.

_______________________________________________________________________

IN THE HOUSE OF REPRESENTATIVES

February 17, 2005

Mrs. Wilson of New Mexico (for herself, Mr. Boswell, Mr. Berry, Mr.
Boehner, Mr. Cardoza, Mr. Davis of Alabama, Mr. English of
Pennsylvania, Mr. Etheridge, Mr. Holt, Mr. Holden, Ms. Millender-
McDonald, Mr. Kennedy of Rhode Island, Mr. Pearce, Mr. Moore of Kansas,
Mr. Paul, Mr. Shimkus, Mr. Simpson, Mr. Tiberi, Mr. Sherman, Mr. Wilson
of South Carolina, Mr. Simmons, Mr. Udall of New Mexico, Mr. Souder,
Mr. Miller of Florida, Ms. Carson, Mr. Allen, Mr. Beauprez, and Mr.
Davis of Kentucky) introduced the following bill; which was referred to
the Committee on Ways and Means

_______________________________________________________________________

A BILL

To amend the Internal Revenue Code of 1986 to provide a tax credit for
teachers and principals who work in certain low income schools.

Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

This Act may be cited as the ``Teacher Tax Credit Act of 2005''.

SEC. 2. CREDIT FOR EDUCATORS IN CERTAIN ELEMENTARY OR SECONDARY
SCHOOLS.

(a) In General.--Subpart A of part IV of subchapter A of chapter 1
of the Internal Revenue Code of 1986 (relating to nonrefundable
personal credits) is amended by inserting after section 25B the
following new section:

``SEC. 25C. EDUCATORS IN CERTAIN ELEMENTARY AND SECONDARY SCHOOLS.

``(a) Allowance of Credit.--In the case of an eligible educator,
there shall be allowed as a credit against the tax imposed by this
chapter for a taxable year an amount equal to $2,000.
``(b) Definitions.--For purposes of this section--
``(1) Eligible educator.--The term `eligible educator'
means, with respect to any taxable year, an individual who is a
teacher, instructor, counselor, principal, or aide in any of
grades kindergarten through 12 in an eligible elementary or
secondary school for at least 900 hours during a school year.
``(2) Eligible elementary or secondary school.--The term
`eligible elementary or secondary school' means any school that
is eligible for schoolwide assistance under section 1114(a)(1)
of title I of the Elementary and Secondary Education Act of
1965.''.
(b) Clerical Amendment.--The table of sections for subpart A of
part IV of subchapter A of chapter 1 of such Code is amended by
inserting after the item relating to section 25B the following new
item:

``Sec. 25C. Educators in certain elementary and secondary schools.''.
(c) Effective Date.--The amendments made by this section shall
apply to taxable years beginning after December 31, 2004.
<all>